Member Info for Hamilton1899

When is the Ghana regulator expected to publish the next monthly production numbers?

Any ideas when the big raise is coming? Cash until Q1 2026, need to sort out funding soon.

Looks like plenty of 5k sales since the placing was announced. Sell above 180p and keep the free warrants.

Its always the same story spike and raise.

Looks like there is a big risk that the proposed restructuring is falling apart. Growler has not provided the loan and the corp had cash to end of August.

Bankruptcy looking more likely.

There is a big seller in the background, which needs to be cleared before the stock will move up.

One do wonder if todays news is the start of ramping for raise?

Going to be a very red day on Monday, after the failed talks.

Results are good, but I m surprised the stock is up 6% on them. Guidance is unchaged and no change to dividend etc.

The yanks might be more modest in the reception of the results in the afternoon.

Feels like this is a possible merger of two corp in a struggling industry rather than a deal for SFOR, stock will drift down.

The corp had £2.25m of cash 20 March including the last raise and now we are down to £700k, burnt £1.5m in less than 5 months.

Failure after failure, share price down 30-40% today, back toward 3p.

Grim cashflow update, they will need new funding during the current quarter, otherwise they will end Sep with less than A$1.5m in cash which is not sustainable.

The market makers are not the problem, Otus, the second largest shareholder is selling down, that is the main issue. Otus having big redemptions.

12 days until the death sprial begins.

Lithium price recovering

Indeed

Why are they only testing one zone?

Plenty of dillution coming

What bunch of amateurs, raising £3.25m at 10% discount, but reality is that this amount of money is only enough for 3 months cash burn. If this continues the stock will be sub 20p in a years time.

The company needs £15-20m to move the development in any material way, I do wonder what the discount would be if they raised that amount?